Dynamic Managed Portfolios
Canada Dominion and CMP limited partnerships continue to lead the industry in flow-through investing. We’ve set the standard for high quality portfolios and strong performance and now we’ve raised the bar with enhanced flexibility for your flow-through investments. Dynamic Funds™ now offers a choice of seven leading mutual funds for your limited partnership rollover assets. The funds are offered within a corporate structure, allowing you to convert from the primary rollover class to any other class within Dynamic Managed Portfolios (“DMP”) on a tax-deferred basis.
Portfolio managers in this fund:
Fund Facts as at June 30, 2010
| Mutual Fund Type |
| Corporation |
| Inception Date |
| 5/24/2005 |
| Fund Category |
| Canadian equity |
| Total Assets |
| $13.7 million(s) |
| MER |
| 2.71% |
| Management Fee |
| 2.00% |
| Underlying Fund |
| Dynamic Canadian Value Class |
| # of Holdings |
| 33 |
Risk Tolerance
low
moderate
high
Investment Style
Top:
V(alue), B(lend),
G(rowth) approach.
Left:
S(mall), M(id),
L(arge) cap bias for equities.
Fund Codes
| Series | FE | LL | DSC | NL |
| A | 9252 | | | |
| F | | | | 9251 |
Fundserv prefix: DYN
Recent Distributions
| Date | Dist |
| June 2010 | -- |
| May 2010 | -- |
| April 2010 | -- |
| March 2010 | -- |
| February 2010 | -- |
| January 2010 | $0.3360 |
| December 2009 | $0.0373 |
| November 2009 | -- |
| October 2009 | -- |
| September 2009 | -- |
| August 2009 | -- |
| July 2009 | -- |
Unit Price (NAVPS) update
| Latest Fund price (7/30/2010): |
$4.12 |
|
$0.02 |
(0.49%) |
Key Reasons to Own This Fund
- By constructing a concentrated portfolio of stocks from different sectors with various market caps, the underlying Fund is suitably positioned to provide investors with the greatest amount of reward given an acceptable amount of risk inherent in an equity portfolio.
- As contrarians, we are often the first to discover the hidden gems that have been pushed aside due to neglect or a market that is overreacting to news from the media. Often misunderstood, these same stocks have provided us with many attractive entry opportunities to increase the upside potential for the stock selections included in the underlying Fund.
- Investors have the ability to convert their shares from one class into any one of Dynamic Managed Portfolios other classes on a tax-deferred basis.
Investment Discipline
This Fund invests in units of Dynamic Canadian Value Class (“the underlying Fund”), a core Canadian equity fund managed using a contrarian strategy. By employing a deep-value, contrarian approach to portfolio management, the underlying Fund identifies companies with solid business fundamentals which are misunderstood by the general marketplace. These are companies that trade at less than their intrinsic value and offer substantial reward potential against an acceptable level of risk. This strategy ensures certain downside protection while positioning investors to gain from significant long-term capital appreciation.
This fund is part of Dynamic Managed Portfolios Ltd. (“DMP Ltd.”) which serves as the roll over vehicle for the Canada Dominion Resources and CMP Resource limited partnerships. Due to the generous tax advantages associated with limited partnerships and the low adjusted cost base of roll over proceeds, the fund may, on occasion, experience taxable events in the form of capital gains and/or dividends resulting in a taxable event for shareholders. Accordingly, shares are only suitable to be purchased by investors who are converting from one corporate class fund to another within DMP Ltd. or who are investing through a registered plan.
Compounded Returns (%) (Series A) • as at June 30, 2010
| 1 month |
3 months |
6 months |
1 year |
3 years |
5 years |
10 years |
Inception |
| -2.7 |
-5.1 |
-6.2 |
15.2 |
-3.0 |
8.5 |
-- |
8.6 |
Mutual fund regulations restrict the presentation of
performance figures until a fund reaches its one-year anniversary. |
Calendar Returns (%) (Series A) • as at June 30, 2010
| 2010 (YTD) |
2009 |
2008 |
2007 |
2006 |
2005 |
2004 |
2003 |
2002 |
2001 |
2000 |
| -6.2 |
47.6 |
-29.0 |
1.1 |
28.0 |
-- |
-- |
-- |
-- |
-- |
-- |
Mutual fund regulations restrict the presentation of
performance figures until a fund reaches its one-year anniversary. |
Historical Returns (%) (Series A) • as at June 30, 2010
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | YTD |
| 2010 | -5.5 | 2.8 | 1.7 | 3.4 | -5.6 | -2.7 | | | | | | | -6.2 |
| 2009 | -3.1 | -6.1 | 8.8 | 12.0 | 11.9 | -3.1 | 4.6 | 0.3 | 11.0 | -2.2 | 3.6 | 4.1 | 47.6 |
| 2008 | -1.7 | 4.3 | -1.4 | 3.2 | 5.0 | 3.6 | -6.5 | -0.5 | -15.9 | -16.4 | -4.7 | 0.5 | -29.0 |
| 2007 | 1.2 | 1.2 | 1.3 | 4.9 | 1.8 | -1.6 | -3.2 | -2.8 | 2.5 | 3.2 | -6.3 | -0.4 | 1.1 |
| 2006 | 7.9 | -2.8 | 6.7 | 5.2 | -3.5 | -0.3 | 2.4 | 1.7 | -1.8 | 5.2 | 3.9 | 1.3 | 28.0 |
| 2005 | | | | | | 0.4 | 6.3 | -0.6 | 1.9 | -2.7 | 4.9 | 7.5 | 18.6 |
Asset Allocation (%)
as at June 30, 2010
| | Holding | % |
|
| Common Stocks-Canadian | 77.9 |
|
| Common Stocks-US | 13.9 |
|
| Common Stocks-Foreign | 7.6 |
|
| Cash, Short-Term Investments & Other Net Assets | 0.6 |
Geographic Allocation (%)
as at June 30, 2010
| | Holding | % |
|
| Canada | 77.9 |
|
| United States | 13.9 |
|
| Australia | 3.3 |
|
| Israel | 2.5 |
|
| Brazil | 1.8 |
Sector Allocation (%)
as at June 30, 2010
| | Holding | % |
|
| Materials | 32.7 |
|
| Energy | 28.3 |
|
| Financials | 20.1 |
|
| Consumer Discretionary | 7.5 |
|
| Industrials | 3.7 |
|
| Telecommunication Services | 3.6 |
|
| Information Technology | 3.5 |
Sector Allocation, year-end (%)
as at December 31, 2009
| | Holding | % |
|
| Energy | 30.0 |
|
| Materials | 27.5 |
|
| Financials | 19.3 |
|
| Industrials | 4.6 |
|
| Information Technology | 3.6 |
|
| Consumer Staples | 3.5 |
|
| Telecommunication Services | 3.1 |
|
| Consumer Discretionary | 2.7 |
Top Equity Holdings June 30, 2010
| Holding | % |
| Osisko Mining Corporation | 6.8 |
| EnCana Corporation | 5.3 |
| Eldorado Gold Corporation | 5.1 |
| Magna International Inc., Class "A", Subordinated Voting | 4.9 |
| HudBay Minerals Inc. | 4.4 |
| Progress Energy Resources Corp. | 4.1 |
| Freeport-McMoRan Copper & Gold Inc. | 3.8 |
| Gerdau AmeriSteel Corporation | 3.8 |
| Rogers Communications Inc., Class "B" | 3.6 |
| Bank of America Corporation | 3.6 |
| Total allocation in top equity holdings | 45.4 |
Dynamic Fund Profile rendered at 7/31/2010 7:57:20 PM.